REIS 35: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
REIS 35
Largest movements
- Tangible fixed assets +€36,461
up €36,461 (+621.3%), from €5,869 to €42,330
of which Furniture and vehicles: +€35,467
- Receivables within one year +€23,347
up €23,347 (+67.1%), from €34,794 to €58,141
of which Trade receivables: +€22,031
- Stocks and contracts -€20,950
down €20,950 (-26.6%), from €78,750 to €57,800
- Cash +€15,759
up €15,759 (+163.9%), from €9,614 to €25,374
mainly Net result for the year (+€33,360) and Stocks and contracts (+€20,950)
- Profit (loss) carried forward +€33,360
up €33,360 (+64.1%), from €52,021 to €85,381
- Other debts +€11,636
new in 2025: €11,636
- Tax, wage and social debts +€9,681
up €9,681 (+22.8%), from €42,537 to €52,218
of which Remuneration and social security: +€5,516
- Gross operating margin +€42,978
up €42,978 (+75.8%), from €56,701 to €99,679
- Staff costs +€16,677
up €16,677 (+62.1%), from €26,851 to €43,529
- Other operating charges -€12,104
down €12,104 (-66.9%), from €18,099 to €5,995
- Taxes +€8,350
up €8,350 (+325.5%), from €2,565 to €10,916
- Depreciation +€3,163
up €3,163 (+141.6%), from €2,233 to €5,396
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,027 | €183,645 | +€54,618 | +42.3% |
| Fixed assets | 21/28 | €5,869 | €42,330 | +€36,461 | +621.3% |
| Tangible fixed assets | 22/27 | €5,869 | €42,330 | +€36,461 | +621.3% |
| Plant, machinery and equipment | 23 | €1,846 | €3,380 | +€1,534 | +83.1% |
| Furniture and vehicles | 24 | €782 | €36,249 | +€35,467 | +4536.5% |
| Other tangible fixed assets | 26 | €3,240 | €2,700 | -€540 | -16.7% |
| Current assets | 29/58 | €123,158 | €141,315 | +€18,157 | +14.7% |
| Stocks and contracts in progress | 3 | €78,750 | €57,800 | -€20,950 | -26.6% |
| Stocks | 30/36 | €78,750 | €57,800 | -€20,950 | -26.6% |
| Amounts receivable within one year | 40/41 | €34,794 | €58,141 | +€23,347 | +67.1% |
| Trade receivables | 40 | €27,635 | €49,666 | +€22,031 | +79.7% |
| Other amounts receivable | 41 | €7,159 | €8,475 | +€1,316 | +18.4% |
| Cash at bank and in hand | 54/58 | €9,614 | €25,374 | +€15,759 | +163.9% |
| Total equity and liabilities | 10/49 | €129,027 | €183,645 | +€54,618 | +42.3% |
| Equity | 10/15 | €58,221 | €91,581 | +€33,360 | +57.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,021 | €85,381 | +€33,360 | +64.1% |
| Amounts payable | 17/49 | €70,806 | €92,064 | +€21,258 | +30.0% |
| Amounts payable within one year | 42/48 | €70,806 | €92,064 | +€21,258 | +30.0% |
| Trade debts | 44 | €27,373 | €27,313 | -€60 | -0.2% |
| Suppliers | 440/4 | €27,373 | €27,313 | -€60 | -0.2% |
| Advances received on contracts in progress | 46 | €897 | €897 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €42,537 | €52,218 | +€9,681 | +22.8% |
| Taxes | 450/3 | €20,226 | €24,391 | +€4,165 | +20.6% |
| Remuneration and social security | 454/9 | €22,311 | €27,827 | +€5,516 | +24.7% |
| Other amounts payable | 47/48 | - | €11,636 | +€11,636 | |
| Remuneration, social security and pensions | 62 | €26,851 | €43,529 | +€16,677 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,233 | €5,396 | +€3,163 | +141.6% |
| Other operating charges | 640/8 | €18,099 | €5,995 | -€12,104 | -66.9% |
| Non-recurring operating charges | 66A | €2,860 | - | -€2,860 | |
| Gross operating margin | 9900 | €56,701 | €99,679 | +€42,978 | +75.8% |
| Operating profit (loss) | 9901 | €6,657 | €44,759 | +€38,102 | +572.4% |
| Financial income | 75/76B | €1 | €1 | +€0 | +37.3% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +37.3% |
| Financial charges | 65/66B | €280 | €484 | +€204 | +72.9% |
| Recurring financial charges | 65 | €280 | €484 | +€204 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | €6,378 | €44,276 | +€37,898 | +594.2% |
| Income taxes | 67/77 | €2,565 | €10,916 | +€8,350 | +325.5% |
| Profit (loss) for the period | 9904 | €3,812 | €33,360 | +€29,548 | +775.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,812 | €33,360 | +€29,548 | +775.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.